Greetings everyone,
I am new to crypto currency and have been reading and learning about Bitcoin mining. I am curious if it is still profitable?
The first thing people need to do is check a few statistics. This includes the mining hardwares hashrate execution, the Bitcoin networks current difficulty, and the electrical costs associated with a mining device.
These steps are needed to assess the performance of a custom built or purchased a mining computer. Building custom mining rigs are slowly becoming a dying art as pre-assembled mining computers with Application-Specific Integrated Circuitry (ASIC) have become a dominant force within the industry.